Sunday, March 01, 2020 11:08:50 AM
The judges two rulings on Friday are terrible for the Bolzans. Essentially, the judges rulings says specific performance is a remedy (meaning they would be ordered to hand over the stock) and they can be personally liable for the undisclosed tax obligation. Also, the judge will only hear evidence. Default has been entered.
If the Bolzans are ordered to hand over their stock, GDSO owns the company.
Now, assume the Bolzans will not follow the court's order which means they will continue to operate and control the company. That means they can continue to draw salaries and remove assets from the company when a court ordered that they no longer control it.
So the question is does removal of assets from Rontan including money after the Bolzans have no legal authority to do that any longer pursuant to the court's order in Florida allow GDSI at the very least to file charges against them in the United States.
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